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billion dollars in civilian aid of the five years at the beginning of the obama administration. if i understand correctly touch and projectiles at the time the amount but if i understand this correctly this was a deeply idealistic effort to try to say we are not only going to give money, were not only going to have an impact with a fairly large civilian assistance program to balance, if you will, are ongoing military commitment to pakistan, but we're also going to set up a structure or relationship through what was generally called a strategic partnerships to try to make -- to break out of that pattern. after 2008-9, those of you who knew richard holbrooke knew that the hurricane hit pakistan and there was a set of very ambitious kamal of government if you will pools and structures that were put in to try to build a long-term commitment to pakistan. i use long term advisedly. the counter-terrorism effort, post september 11th. by its very nature, by almost the element of the way people understand was by its nature short-term. good to kill bad guys. this was to balance that short-term
and dividend rates together, creating party between gross stocks and dividend, stocks the obama administration latest budget calls for untimely rates and allowing the rate on dividends arise to 43.4% while the top rate on capital gains would be 23.8. i'd like to get each of your thoughts on this proposal. how would a nearly 20 percentage point disparity between the capital gains and dividend affect investment decisions. mr. broadway? >> well, i guess i tend to be a skeptic on all of this the country has had vastly differentiates for capital gains in ordinary income that had rates where they -- had times where the rates were similar. i don't know that the -- i'm reluck assistant to say that whether you had a differential or had the same rate that would have a significant impact on the overall performance of the economy. i think the overall performance of the economy is far too complex to describe the substantial difference based on the taxation of capital gains versus other income. >> just to show you how would i am, to the calculation i think it's twenty five years ago, i wrote a paper with a
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